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serg [7]
4 years ago
11

Which of the following is a benefit of planning? a. It helps managers understand the relationships among employees. b. It helps

managers know how to allocate their time and resources. c. It helps managers track the progress toward set goals. d. It helps managers recognize their own weaknesses.
Business
1 answer:
Sphinxa [80]4 years ago
4 0

Answer:

b. It helps managers know how to allocate their time and resources.

Explanation:

Planning is the process of resource allocation. These resources include employees, money, equipment etc.

Managers have to plan how these resources are allotted to achieved set goals and objective.

The benefit of planning is therefore that it helps managers know how to allocate their time and resources.

Option b.

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Which one of the following is a working capital decision?
CaHeK987 [17]

Answer:

E. How much cash should the firm keep in reserve?

Explanation:

  • The working capital is the capital decision that is a decision that the firms take to combine the policies and the techniques for the management. And also state how the form should keep and use its resources or reserves and also is a measure of the liquidity of the firm and gives the inventors more information to the analysis.
6 0
3 years ago
1. Characteristics of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is m
sergejj [24]

Answer:

----Either similar or identical products --------Difficult entry

----Mutual interdependence

Explanation: An Oligopolistic market is a market characterized by few sellers of large firms who sell either similar or differentiated products. Here, Each firm is mutually interdependent as any action from any firms influences the actions of the rest of the competing firms , therefore decisions are made using strategic planning and consideration as competing firms are ready to counter react to any change in any new market action.

Market entry is difficult Because of the already established customer base of the successful operating firms dominating the market.Also venturing into the market requires high capital, technology or additional government licences. Examples of Oligopolistic firms are oil and gas firms, airlines, mass media etc

8 0
3 years ago
Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn,indorses it to Mona, who
Liula [17]

Answer:

a. Jake, Kim, or Lou.

Explanation:

A promissory note is a signed document with a signed written promise on paying a specific amount of money to the owner of the note on a specific date or on demand. This being said an individual can only collect payment on the note from those who had it before them, therefore in this scenario Mona can collect payment from either Jake, Kim, or Lou.

3 0
4 years ago
Personal selling refers to
Mrac [35]

Answer:

The answer is option A)Personal selling refers to:  A customer-directed flow of communications, often in a face-to-face encounter, designed to promote a product with the purpose of making a sale.

Explanation:

Personal selling involves a face to face approach encounter with customers. In advertising, Personal selling involves the use of marketers with great interpersonal and sales skills employed to promote a product offering in the field where they can interface one on one with customers for the purpose of generating sales.

This supports the definition of personal selling as a customer-directed flow of communications, often in a face-to-face encounter, designed to promote a product with the purpose of making a sale.

3 0
3 years ago
Philip Morris expects the sales for his clothing company to be $670,000 next year. Philip notes that net assets (Assets − Liabil
shutvik [7]

Answer:

the ending cash balance is $330,300

Explanation:

The computation of the ending cash balance is shown below:

Ending cash balance = Opening cash balance + Profit

= $270,000 + (9% × $670,000)

= $270,000 + $60,300

= $330,300

We simply added the opening cash balance and the profit so that the ending cash balance could come

Hence, the ending cash balance is $330,300

7 0
3 years ago
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